Banking reforms may bite weakest institutions
Indiana banks soon might have to pay the state as much as $300 million in new fees for deposit insurance at a time the industry
is experiencing its deepest woes in decades.
Indiana banks soon might have to pay the state as much as $300 million in new fees for deposit insurance at a time the industry
is experiencing its deepest woes in decades.
Records show Marion County Prosecutor Carl Brizzi directed lucrative work for the Prosecutor’s Office to his friend, business
partner and political contributor John Bales.
A former Fishers money manager facing fraud charges acknowledges in a newspaper interview that evidence indicates he was trying
to
fake his own death when he parachuted from his private plane that later crashed in a Florida swamp.
Marion County Prosecutor Carl Brizzi paid nothing for a 50-percent stake in an Elkhart office building he acquired with a
local defense attorney.
Indianapolis’ new public safety director says the city’s pound is woefully underfunded. But he also takes umbrage at critics
who call it a dirty death row for unwanted cats and dogs.
ITT Educational Services and other for-profit educators are buying not-for-profit colleges to gain access to their regional
accreditation. The tactic could fuel rapid growth but makes critics uncomfortable.
A wave of up-and-coming angel investors in the Indianapolis area are quietly accumulating the expertise and thick wallets
necessary to back startups that are at once risky and rich with potential for lucrative returns.
The Indiana Health Care Association is looking for a new leader even as it tries to dig out of a pile
of debt. Current President Steve Smith, whose contract expires Nov. 30, says he’s put the organization on a path to be financially stable by 2012. But his predecessor says Smith has ruined a once-strong organization.
A serial entrepreneur often thrives on getting a business going, making it a success, then selling it off by
taking the firm public, or selling it to private investors or to another firm. The business owner, by contrast, often remains in the same
place, doing the same thing year after year.
Clarian Health is planning to build a bed tower at Methodist Hospital in a massive project that shows renewed
commitment
to the downtown campus. The tower would have 175 to 250 beds and allow Methodist to make all its rooms private.
John Bales' firm earned $2.9M in commissions on leases for state agencies and $270,000 in commissions
on the sale of surplus state properties. He also acted as a developer for public-sector
tenants—putting them into buildings owned by him or his associates.
Indianapolis-based health insurer trades jabs with U.S. health secretary after Reuters story claims insurer deliberately cancels
coverage for breast cancer patients.
The FBI is collecting records on an Elkhart real estate deal and an Indianapolis drug case, both involving Marion County Prosecutor
Carl Brizzi and defense attorney Paul Page.
High expectations already are baked into HHGregg Inc.’s stock price, which has doubled since last May. A disappointment could
spawn a sell-off.
Few matters in life are clear and definitive. Sadly, we grow up learning that all can
or should be reduced (or elevated) to mathematical modeling. We have no courses or TV channels specializing in ambiguity,
no college major in uncertainty.
the things that determine our ultimate prosperity and happiness are not the vacillations of markets.
The Patient Protection and Affordable Care Act is a major step forward. It widens the door to health insurance for those
with pre-existing conditions, for employees of small businesses and others currently not covered.
WTHR is still the most-watched TV station for local news, but viewership slipped in several time slots for the NBC affiliate
and most of its competitors. Fox station WXIN, however, seems
to be bucking the trend.
India-based JPSK Sports Private Ltd. hired JMI to provide strategic consulting for the venue that will host the inaugural
Formula One Indian Grand Prix in 2011.
Caregivers anticipates coping with declining Medicare reimbursements while having to offer insurance to its employees.